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20121201
20121231
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CNBC 7
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CNBC
Dec 19, 2012 7:00pm EST
force to be led by vice president joe biden in the aftermath of the school children massacre in newtown, connecticut. biden, a long-time gun control advocate will lead a team of top administrative officials and representatives from outside groups. sensible gun rules, including an assault weapons bans, as well as examining mental health issues will be on the table zbp we're going to have to work on making access to mental health care at least as easy as access to a gun and look at a culture that all too often glorifies guns and violence and any actions we must take must begin inside the home and inside our hearts. >> and last night the nra broke its silence on the newtown tragedy saying it is prepared to take steps so that nothing like this ever happens again. no comment today from republican congressional leaders on the president's announcement. joe? >> okay, hampton. thank you very much. so our new gun control measures the solution. our next guest says not so fast. the rush to reduce the number of guns throughout could be very misguided. and don't forget larry's credo, free market capi
CNBC
Dec 18, 2012 6:00am EST
selling its investment in gunmaker freedom group in light of last week's school shooting in newtown, connecticut. it did have a stake in freedom group. it has invested $751.4 million as of the end of march. cerberus acquired bushmaster last year. and my column today focuses on the number of private equity firms that have major stakes in gunmakers. colt, by the way, is another that is one of them. mid ocean owns a piece of bushnell. doesn't make guns, makes everything but the gun itself. >> what do you mean, the components? >> if you want a 25 round magazine loader, they have it. if you want a military grade night vision, they have it. if you need laser guided things, that's what they make. >> but if you look at the numbers, the sales of a lot of these gunmakers, freedom group in particular have been rising sharply. and, you know, the day after -- >> and the automatic rifle, that's where the growth is coming from. >> absolutely. the day after president obama was elected, you saw a sharp jump in sales. >> i should say as of last night when i was working on this piece, there was a a br
CNBC
Dec 19, 2012 9:00am EST
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
CNBC
Dec 31, 2012 4:00am EST
laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a situation in which 20 precious, small children are getting gunned down in a classroom and i've been very clear that, you know, an assault rifle ban, banning these high capacity clips, background checks, that they're a set of issues that i have historically supported and will continue to support. >> but can you get it done? >> so the question is are we going to be able to have a national conversation and move something through congress? i'd like to get it done in the first year. i will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together. >> but it's not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard, so we're not going to try. so what i intend to do is
CNBC
Dec 17, 2012 4:00am EST
to the pete of newtown, connecticut, a town shattered by friday's shooting and elementary school. 26 people were killed, including 20 children, before the gunman killed himself. speaking at the service, the president noted this was the fourth time he's had to console a community during his time in office. and he demanded changes in the way the u.s. deals with gun violence. >> we will be told that the causes of such violence are complex. and that is true. no single law, no set of laws can eliminate evil from the world or prevent every senseless act of violence in our society. but that can't be an excuse for ip action. surely we can do better than this. >> the president says he will meet with a group of law enforcement parents and teachers in an effort to prevent future tragedies. several democratic lawmakers are now calling for a new push on tougher u.s. gun laws, including a ban on military-style assault weapons. >>> we'll take a short break. still to come, why china's new leaders see a future where economic growth isn't driven so much by exports. we'll have the latest. i always wait until
CNBC
Dec 24, 2012 9:00am EST
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
CNBC
Dec 27, 2012 9:00am EST
is the ticker on this of course, troubles surrounding the newtown, connecticut, shooting a lot of sellers on that stock during that period of time, today, issuing another $15 billion, expand its buy back program which it just announced with its fiscal second quarter results, announced 20 million share -- $20 million worth of buy backs and expand that to 15. nice gain on the shares. >> >> a big winner for the year. look at that chart. >> all handgunmakers, talking about this before, how ironic you can the obama administration was seen strict irbefore the elections and hand brought forward the dematte manned that might have been in the future, people wanted to bite hand guns. >> always the case. any time the debate over gun control flares up. >> does the framework of the "wall street journal" piece tell us anything new about best buy, sears? >> for sears, we have seen them cut costs, cut costs, sears and the kmart stores. it seems that this year the reckoning, the kmart operation, people have lost track of that if you send people inside kmart today, i think you basically find a relatively h
Search Results 0 to 6 of about 7